Fixed pricing supports minimum and maximum quantities, quantity increments, and volume-based pricing.
When you create a price list and you choose Fixed prices, you enter a wholesale price for each product. If your products have variants, then you can enter a different price for each variant, or you can apply the product price to the variant prices.
Price lists that offer fixed prices are not affected by changes made to the online store prices of their products.
When you choose Fixed prices, you can also make the following customizations.
Set minimum and maximum quantities
You can set both minimum quantity and maximum quantity amounts for individual products and variants when you create a Fixed prices price list. Your customers need to order enough product to meet or exceed the minimum amount, but not enough to exceed the maximum amount. For example, you could require that your customers order at least 25 shirts, but not more than 100 (so that no customer can purchase all your shirts).
You can also set a quantity increment as well as setting minimum and maximum amounts. When these settings are enabled, your customers can order in increments that exist within the minimum and maximum range.
Set quantity increments
When you create a Fixed prices price list, you can set the number of units by which a product is grouped (packaged) and sold together. For example, to make sure that your customers always purchase socks in multiples of six, you can set the increment quantity to 6:
Set price breaks to offer volume-based discounts
You can use volume-based pricing to encourage your customers to buy larger quantities at lower per-unit prices.
When you create a Fixed prices price list, you can set thresholds (quantity breaks) for volume-based pricing. Volume-based pricing (also referred to as bracket pricing) offers different per unit prices for all ordered units depending upon the amount ordered. For example, to encourage your customers to purchase more shirts, you offer them a lower per unit price (a higher discount) when they buy more.
For example, you offer an apparel customer the following volume breaks: In this example, if the customer ordered 35 shirts, then they would pay $5 for each shirt (volume break 1) for a total of $175. If the customer ordered 80 shirts, then they would pay $3 for each shirt (volume break 2) for a total of $240, and so on.
The following table shows other examples of volume-based discounts:
|Pricing||Volume break||Number of shirts ordered||Order amount|
|Buy 49 at $5/each||0 to 49||35||$175 (35 * $5)|
|Buy 74 at $4.5/each||50 to 74||60||$270 (60 * $4.50)|
|Buy 75 at $4/each||75 to infinity||80||$420 (80 * $4)|